secwatch.observer — SEC 8-K summary
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Issuer:     WEN Acquisition Corp (WENN)
CIK:        0002057043
Form:       8-K
Filed at:   2025-05-20T23:59:59+00:00
Accession:  0001213900-25-045513
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wen Acquisition Corp closes $300.15M IPO, proceeds placed in trust
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- IPO of 30,015,000 units at $10.00/unit, including full over-allotment of 3,915,000 units.
- Private placement of 7,220,000 warrants at $1.00 each to sponsor and Cantor; $7.22M aggregate.
- Total $300,150,000 deposited into trust; 24-month deadline to complete initial business combination.
- Units (WENNU) began trading May 16; Class A (WENN) and warrants (WENNW) to trade separately.
- Blank-check company targeting fintech/digital-asset infrastructure; led by CEO Julian M. Sevillano.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2057043/000121390025045513/0001213900-25-045513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2057043/000121390025045513/ea0242658-8k_wenacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-045513

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer